|
|
Inputs |
|
|
|
|
|
|
| |
Loan Amount |
15,00,000 |
|
|
|
|
|
| |
Loan tenure (years) |
20 |
|
|
|
|
Interest rate p.a. |
8.75% | |
Loan Tenure |
240 |
|
|
|
|
Processing fee |
15,000 | |
|
|
|
Break-up of total cost ofSBI loan |
|
EMI 1 |
13,256 | |
SBAR |
11.75% |
|
Loan amount |
15,00,000 |
|
|
| |
Teaser 1 - tenure (months) |
12 |
|
Total interest payable |
17,08,633 |
|
Break-up of total cost of Axis Bank loan | |
Teaser 1 - annualized rate |
8.00% |
|
Total processing fee |
0 |
|
Loan amount |
15,00,000 | |
Teaser 2 - tenure (months) |
24 |
|
Total cost of loan |
32,08,633 |
|
Total interest payable |
16,81,359 | |
Teaser 2 - annualized rate |
8.50% |
|
|
|
|
Total processing fee |
15,000 | |
Long term rate |
9.00% |
|
|
|
|
Total cost of loan |
31,96,359 | |
Processing fee |
- |
|
|
|
|
|
| |
|
|
|
|
|
|
Axis bank saves you |
12,275 | |
Balance @ end of Teaser 1 |
14,68,295 |
|
|
|
|
|
| |
EMI 1 |
12,571 |
|
|
|
|
|
| |
Balance @ end of Teaser 2 |
14,00,524 |
|
|
|
|
|
| |
EMI 2 |
13,028 |
|
|
|
|
|
| |
EMI 3 |
13,456 |
|
|
|
|
|
|
|
Inputs |
|
|
|
|
|
|
| |
Loan Amount |
29,00,000 |
|
|
|
|
|
| |
Loan tenure (years) |
20 |
|
|
|
|
Interest rate p.a. |
8.75% | |
Loan Tenure |
240 |
|
|
|
|
Processing fee |
29,000 | |
|
|
|
Break-up of total cost ofSBI loan |
|
EMI 1 |
25,628 | |
SBAR |
11.75% |
|
Loan amount |
29,00,000 |
|
|
| |
Teaser 1 - tenure (months) |
12 |
|
Total interest payable |
33,03,358 |
|
Break-up of total cost of Axis Bank loan | |
Teaser 1 - annualized rate |
8.00% |
|
Total processing fee |
0 |
|
Loan amount |
29,00,000 | |
Teaser 2 - tenure (months) |
24 |
|
Total cost of loan |
62,03,358 |
|
Total interest payable |
32,50,627 | |
Teaser 2 - annualized rate |
8.50% |
|
|
|
|
Total processing fee |
29,000 | |
Long term rate |
9.00% |
|
|
|
|
Total cost of loan |
61,79,627 | |
Processing fee |
- |
|
|
|
|
|
| |
|
|
|
|
|
|
Axis bank saves you |
23,731 | |
Balance @ end of Teaser 1 |
28,38,704 |
|
|
|
|
|
| |
EMI 1 |
24,303 |
|
|
|
|
|
| |
Balance @ end of Teaser 2 |
27,07,680 |
|
|
|
|
|
| |
EMI 2 |
25,187 |
|
|
|
|
|
| |
EMI 3 |
26,016 |
|
|
|
|
|
|
|
Inputs |
|
|
|
|
|
|
| |
Loan Amount |
45,00,000 |
|
|
|
|
|
| |
Loan tenure (years) |
20 |
|
|
|
|
Interest rate p.a. |
9.25% | |
Loan Tenure |
240 |
|
|
|
|
Processing fee |
45,000 | |
|
|
|
Break-up of total cost ofSBI loan |
|
EMI 1 |
41,214 | |
SBAR |
11.75% |
|
Loan amount |
45,00,000 |
|
|
| |
Teaser 1 - tenure (months) |
12 |
|
Total interest payable |
51,25,900 |
|
Break-up of total cost of Axis Bank loan | |
Teaser 1 - annualized rate |
8.00% |
|
Total processing fee |
0 |
|
Loan amount |
45,00,000 | |
Teaser 2 - tenure (months) |
24 |
|
Total cost of loan |
96,25,900 |
|
Total interest payable |
53,91,362 | |
Teaser 2 - annualized rate |
8.50% |
|
|
|
|
Total processing fee |
45,000 | |
Long term rate |
9.00% |
|
|
|
|
Total cost of loan |
99,36,362 | |
Processing fee |
- |
|
|
|
|
|
| |
|
|
|
|
|
|
Axis bank saves you |
-310,462 | |
Balance @ end of Teaser 1 |
44,04,885 |
|
|
|
|
|
| |
EMI 1 |
37,712 |
|
|
|
|
|
| |
Balance @ end of Teaser 2 |
42,01,572 |
|
|
|
|
|
| |
EMI 2 |
39,083 |
|
|
|
|
|
| |
EMI 3 |
40,369 |
|
|
|
|
|
|
|
Inputs |
|
|
|
|
|
|
| |
Loan Amount |
55,00,000 |
|
|
|
|
|
| |
Loan tenure (years) |
20 |
|
|
|
|
Interest rate p.a. |
9.25% | |
Loan Tenure |
240 |
|
|
|
|
Processing fee |
55,000 | |
|
|
|
Break-up of total cost ofSBI loan |
|
EMI 1 |
50,373 | |
SBAR |
11.75% |
|
Loan amount |
55,00,000 |
|
|
| |
Teaser 1 - tenure (months) |
12 |
|
Total interest payable |
69,92,974 |
|
Break-up of total cost of Axis Bank loan | |
Teaser 1 - annualized rate |
8.00% |
|
Total processing fee |
0 |
|
Loan amount |
55,00,000 | |
Teaser 2 - tenure (months) |
24 |
|
Total cost of loan |
1,24,92,974 |
|
Total interest payable |
65,89,442 | |
Teaser 2 - annualized rate |
9.00% |
|
|
|
|
Total processing fee |
55,000 | |
Long term rate |
10.00% |
|
|
|
|
Total cost of loan |
1,21,44,442 | |
Processing fee |
- |
|
|
|
|
|
| |
|
|
|
|
|
|
Axis bank saves you |
3,48,532 | |
Balance @ end of Teaser 1 |
53,83,748 |
|
|
|
|
|
| |
EMI 1 |
46,093 |
|
|
|
|
|
| |
Balance @ end of Teaser 2 |
51,48,437 |
|
|
|
|
|
| |
EMI 2 |
49,475 |
|
|
|
|
|
| |
EMI 3 |
52,708 |
|
|
|
|
|
|
I hope the calculation was useful. Thanks for writing in with your thoughts and thanks for your support. --
|
